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# Blog 6 - "Knowledge comes from learning. Wisdom comes from living."

posted 10 Mar 2016, 08:47 by Zhe Loong Benjamin Ho   [ updated 10 Mar 2016, 20:26 ]
Learning can only allow us to gather certain amount of knowledge. Like how we had attended the Minor in Entrepreneurship module from summer school till now. Wisdom can only be obtained through living the experience thus we took up the module and ventured into the unknown. 

Over the span of many months, i have learned to interact and make new friends from all over the globe. Ultimately finding new people who are like minded, with the thirst to achieve and create. I am glad to have found 4 other individuals who are up to the challenge and created TripBuddySG with me. 

The last month was quite messy as the team and i were rushing for the deadline that we had set for ourselves. As the Operations executive, i am in charged of ensuring that our clients would have an awesome experience with us and having good training for our new hosts with the mind of offering great customer service. 

I had laid out the guideline for the hosts who are intending to join us so as to ensure that they would meet our minimum requirement for hosting. This allowed us to ensure the quality and integrity of our hosts. The guideline includes basic understanding and directions to legal matters such as the law, do's and don'ts, how to interact with the clients and many others. This guideline would have toe be read by the hosts through the website prior to creating an event.

I had also created a list of safety checks for the students so as to allow them to be equipped with the knowledge to be aware of so as to protect themselves from any unscrupulous hosts which had managed to evade from our screenings. Under the operations, i had also laid out the format for the hosting of events form (version2 which is yet to be loaded onto the platform, already in the system). The new format is more detailed and strict with providing the necessary measures for the clients. This included information such as detailed time and location of the event, and also information for the contingency plan in the event an outdoor event was to be cancelled due to an inadvertent rainstorm. Information on the mode of transport was also included.

On top of operations, i had assisted to incorporating of the company through bizfile. We had experienced many hurdles which ranges from collecting all necessary information of which organisational structure we would be having to the delay of incorporation due to the system upgrading at ACRA. We had contemplated to set up an LLP due to the "low cost and admin" required. But we were put on hold due to the fact that we have 3 exchange students on S-Pass thus preventing us to even explore the option of them having a working pass or entre-pass. The only method viable in this situation would be a private limited. This although might be alittle more costly than setting up of LLP, it allows us to be smarter in having a work around to the problem. The plan that we had agreed upon was to the 2 local students would set up the company legally through bizfile. Thence we have our shareholder agreement which would split up the shares to the rest of co-founders. This would allow all founders to have an equal share of the company equity and liabilities. 

Although the module may have ended but we will be continuing as a team to bring our vision into reality through TripBuddySG.




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Zhe Loong Benjamin Ho,
10 Mar 2016, 20:26
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Zhe Loong Benjamin Ho,
10 Mar 2016, 20:26
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Zhe Loong Benjamin Ho,
10 Mar 2016, 20:26
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Zhe Loong Benjamin Ho,
10 Mar 2016, 20:26
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